Free Trial
NYSE:FRGE

Forge Global (FRGE) Stock Price, News & Analysis

$1.58
-0.02 (-1.25%)
(As of 05/31/2024 08:50 PM ET)
Today's Range
$1.52
$1.61
50-Day Range
$1.57
$2.68
52-Week Range
$1.32
$4.02
Volume
2.33 million shs
Average Volume
709,191 shs
Market Capitalization
$286.04 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.33

Forge Global MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
174.3% Upside
$4.33 Price Target
Short Interest
Bearish
4.49% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Forge Global in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$221,170 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.42) to ($0.34) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.14 out of 5 stars

Finance Sector

776th out of 875 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

11th out of 11 stocks

FRGE stock logo

About Forge Global Stock (NYSE:FRGE)

Forge Global Holdings, Inc. operates a financial services platform in California. The company's platform solutions include trading solutions, a platform that connects investors with private company stockholders and enables them to facilitate private share transactions; and custody solutions, a non-depository trust company that enables clients to securely custody and manage assets through an online portal. It also provides data solutions, such as information and insight to navigate, analyze, and make investment decisions to market participants in the private market. The company was founded in 2014 and is headquartered in San Francisco, California.

FRGE Stock Price History

FRGE Stock News Headlines

Ukraine’s Freedom Forge
See More Headlines
Receive FRGE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Forge Global and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/07/2024
Today
6/02/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
N/A
Fax
N/A
Employees
345
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.33
High Stock Price Target
$7.00
Low Stock Price Target
$2.50
Potential Upside/Downside
+174.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-90,220,000.00
Net Margins
-119.12%
Pretax Margin
-120.18%

Debt

Sales & Book Value

Annual Sales
$69.82 million
Book Value
$1.42 per share

Miscellaneous

Free Float
163,226,000
Market Cap
$286.04 million
Optionable
Optionable
Beta
2.54
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Kelly A. RodriquesMr. Kelly A. Rodriques (Age 58)
    CEO & Director
    Comp: $1.42M
  • Mr. Mark P. Lee (Age 64)
    Chief Financial Officer
    Comp: $714.37k
  • Ms. Jennifer L. Phillips (Age 42)
    Chief Revenue & Growth Officer
    Comp: $924.88k
  • Mr. Drew Sievers (Age 57)
    Chief Operating Officer
  • Ms. Catherine M. Dondzila (Age 61)
    Chief Accounting Officer
  • Ms. Vidya Eashwer
    Chief Technology Officer
  • Mr. Dominic Paschel
    Senior Vice President of Finance & Investor Relations
  • Mr. Johnathan H. Short (Age 58)
    Chief Legal Officer
    Comp: $441.72k
  • Frank Lennox
    Senior VP & Head of Compliance
  • Ms. Lindsay Riddell
    Senior VP & Head of Global Communications

FRGE Stock Analysis - Frequently Asked Questions

Should I buy or sell Forge Global stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Forge Global in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FRGE shares.
View FRGE analyst ratings
or view top-rated stocks.

What is Forge Global's stock price target for 2024?

2 analysts have issued 12 month price objectives for Forge Global's shares. Their FRGE share price targets range from $2.50 to $7.00. On average, they expect the company's share price to reach $4.33 in the next year. This suggests a possible upside of 174.3% from the stock's current price.
View analysts price targets for FRGE
or view top-rated stocks among Wall Street analysts.

How have FRGE shares performed in 2024?

Forge Global's stock was trading at $3.43 on January 1st, 2024. Since then, FRGE shares have decreased by 53.9% and is now trading at $1.58.
View the best growth stocks for 2024 here
.

When is Forge Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our FRGE earnings forecast
.

How were Forge Global's earnings last quarter?

Forge Global Holdings, Inc. (NYSE:FRGE) released its quarterly earnings results on Tuesday, May, 7th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.02. The business earned $19.24 million during the quarter, compared to analysts' expectations of $19.88 million. Forge Global had a negative net margin of 119.12% and a negative trailing twelve-month return on equity of 29.55%.

Who are Forge Global's major shareholders?

Forge Global's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.07%), US Bancorp DE (2.26%), Summit Trail Advisors LLC (0.16%), First Eagle Investment Management LLC (0.07%), California State Teachers Retirement System (0.06%) and Price T Rowe Associates Inc. MD (0.02%). Insiders that own company stock include Christoph Hansmeyer, Kelly Rodriques and Kimberley H Vogel.
View institutional ownership trends
.

How do I buy shares of Forge Global?

Shares of FRGE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FRGE) was last updated on 6/3/2024 by MarketBeat.com Staff

From Our Partners